Allen Ramirez
Taking over home mortgage from family member pros and cons.
Hi All!
I am looking for some advice from all the smart people on this website :)
I have a family member that is offering to transfer over their home title to my wife and I. Giving some rough numbers, let's say the ...
Manuel Vargas
HELOC Utilization for investments
I currently have three rental properties. One has a lot of cash flow and a substantial amount of equity. The other two have limited cash flow and minimal equity. I would like to create more cash flow and possibly and ...
Michael Hoover
Better Lending Options? Am I settling for bad Rates? Morg # 13 Sing. Fam.
New to BiggerPockets and GRATEFUL for the knowledge! I am finishing up on a BRRR and looking for funding. I have 12 Self remodeled SF homes completed in the past 2.5 years and loans in place with the following rate...
Joe Engelhardt
To HELOC or not to HELOC? That is the question
So here’s my situation: I live in Oregon but I invest in the Midwest because of prices in my area. I currently have 2 SFH rentals on conventional loans and would like to invest in another soon. I have nearly $300k in ...
Karen Seale
How to calculate 1031 Boot Taxes
Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Jesse Dickens
Using a HELOC to start investing and velocity banking
I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HE...
Account Closed
Am I Crazy to Give Up a 3.0% Fixed 30yr to Flip in San Diego?
Hello BP community! I'm a newbie who is about to jump head-first into this real estate world, and had to pause for a moment to ask a very important question. Am I crazy?My primary residence in a San Diego suburb (Ch...
Jeffrey Schechter
Purchasing second property with HELOC from my first property
My wife and I are looking to add a second property to our portfolio, we are looking to use the appreciated value of our first property to purchase the second. I am just looking for some help understanding how to calc...
Carol Bahou
Buying a 2nd rental with a small down payment - DMV area
Hello all - my husband and I want to buy a second investment property in our area (Frederick, MD). We have a primary mortgage (in Frederick) and one rental property in Bethesda, MD. The rental property is rented un...
Kate Haller
Invested interest rates - conventional loan
What sort of interests rates are investors seeing for conventional loans?